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Rita Guastella Of Coldwell Banker Facilitates $1.2M Multifamily Sale In Cambridge, MA

Property Image
SOLD
$1,200,000

Massachusetts

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MultiFamily2,300 SF
Sold 06/06/2024
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Property Image
SOLD

Rita Guastella Of Coldwell Banker Facilitates $1.2M Multifamily Sale In Cambridge, MA

14 Bay State Road

See Similar Deals
MultiFamily2,300 SF
Sold 06/06/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$521
Total Square Footage:2,300 SF
Transaction Type:Sale

14 Bay State Rd in Cambridge, MA, was recently sold for $1,200,000. This 2-family property features 5 bedrooms, 4 baths, and spans 2,300 square feet. The interior boasts crown molding, wainscoting, marble countertops, and in-unit laundry, making it an attractive investment opportunity with current rental income below market value.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 2
  • Price Per Unit: $600,000
  • Square Footage: 2,300
  • Price Per Square Foot: $522
  • Address: 14 Bay State Road, Cambridge, MA
  • Market: Cambridge, MA
  • Broker: Rita Guastella - Coldwell Banker

Rita Guastella of Coldwell Banker represented the parties involved in the transaction, facilitating the sale of this lucrative property in Cambridge, MA.

Players

Rita Guastella
1 deal$1.2M volume(617) 201-7580
BROKER

Details

SOLD
IMAGE: Rita Guastella DATE: 06/06/2024 ADDRESS: 14 Bay State Road MARKET: Cambridge, MA ASSET TYPE: Multifamily BROKER: Rita Guastella (@Real_Estate_Rita) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,200,000 UNITS: 2 ~ PPU: $600,000 SF: 2,300 ~ PPSF: $522 NOTE: 14 Bay State Rd in Cambridge, MA, sold for $1,200,000, offering an appealing 2-family property with 5 bedrooms and 4 baths, ideal for investors. Boasting charming features such as crown molding and wainscoting, along with modern amenities like marble countertops and in-unit laundry, this property presents a lucrative opportunity with current rental income below market value.

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